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"There's a gross miscarriage of justice going on in Congress right now that just makes absolutely no sense," Jim Cramer told viewers of his "Mad Money" TV show Monday.

He was referring to the now year-old merger attempt of

Sirius Satellite Radio

(SIRI) - Get Sirius XM Holdings Inc. Report


XM Satellite Radio

( XMSR) that's been under review by the Department of Justice and Federal Communications Commission.

Cramer has taken issue with the fact that the Sirius/XM merger has now taken longer than both the merger of

Exxon Mobil

(XOM) - Get Exxon Mobil Corporation Report



(WHR) - Get Whirlpool Corporation Report

with Maytag. Despite four hearings on the matter, Congress is no closer to a decision on the matter.

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Defending the deal, Cramer pointed out that Sirius and XM have pledged to give Congress everything they've asked for, including a la carte pricing options. "Satellite radio has competition," he noted, "from both terrestrial radio as well as from


(AAPL) - Get Apple Inc. Report

iPods and other MP3 players."

He warned that if the deal doesn't go through, XM might not survive, and Sirius would be put into considerable peril.

"The blame rests squarely on the members of Congress," Cramer asserted, adding many in Congress accepted campaign contributions from the National Association of Broadcasters, who represent terrestrial radio and oppose the merger. "This raises eyebrows," says Cramer. "Terrestrial radio is holding onto their dying business model and just won't let go," he said.

Cramer extended an open invitation to any member of Congress who can explain why the deal is being held up and why consumers are being denied choice and fair competition. He pledged to continue to press the issue until Congress takes action.

A Big Deal in Developing Countries

"Wireless telecom in the developing world is a big moneymaker," according to Cramer.

His recommendation for playing this explosive growth market is

Millicom International Cellular

( MICC), a Luxembourg-based company that builds, develops and operates cellular networks in Central and South America, Africa and Asia.

"Even without electricity, many people in the developing world have cell phones," Cramer noted.

According to Cramer, MICC has access to potentially 151 million subscribers in Africa, 59 million in South America, 26 million in Central America and another 40 million in Asia.

The company, he notes, does exceptionally well in the countries in which it operates by taking advantage of prepaid calling cards and billing by the second, as opposed to the minute, in order to make service more affordable to lower income individuals.

He noted that in 2006, MICC grew its subscribers by 8.4 million, up 56% from the previous year. In the fourth quarter, sales were up 41% and the company announced a special dividend, making it an "ultra-pro shareholder company."

Cramer said he's still a fan of

America Movil

(AMX) - Get America Movil S.A.B. de C.V.n Depository Receipt Series L Report

, but says opportunities like MICC don't come along often and he doesn't want this one to get away.

XTO on the Go

Cramer welcomed Bob Simpson, chairman and CEO of

XTO Energy

( XTO), a stock that he owns for his charitable trust,

Action Alerts PLUS, to the show to discuss the company's stellar fourth-quarter results.

Cramer's been behind XTO Energy since he first recommended it on March 30, 2007, at $41.68 per share. Since then, he's been pounding the table, urging investors to buy into the company's incredible business model.

XTO beat Wall Street's earnings estimates by 4 cents a share and raised their 2008 guidance. The company also reported a 292% replacement of its natural gas reserves. Saying "natural gas is the way to go," Simpson reminded viewers that natural gas is actually a cleaner fuel than the much touted ethanol.

Simpson also predicted that 2008 will be a year of consolidation for the industry and said that XTO is poised to acquire assets when the opportunity arises. He also remained confident in the company's domestic strategy, saying "there's enough risk and opportunity in the oil business without going overseas."

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A Little Patience, Please

Cramer also welcomed Ron Zwanziger, chairman and CEO of

Inverness Medical

( IMA), another stock he owns for Action Alerts PLUS, to discuss the company's proposed merger with Matria Healthcare.

Zwanziger said he is extremely pleased with the opportunity to acquire Matria and noted the company has had a long history of successful acquisitions.

He believes sellers of Inverness are panicking and don't fully understand the value of the deal. Zwanziger expects the deal to go through as proposed and said the company is working simultaneously to improve its balance sheet in response to investor concerns.

Cramer said Inverness is costing people money and he hates being responsible for that, but he didn't offer any new recommendations for shareholders.

Lightning Round

Cramer was bullish on


(HUM) - Get Humana Inc. Report


UnitedHealth Group

(UNH) - Get UnitedHealth Group Incorporated (DE) Report


Yamana Gold

(AUY) - Get Yamana Gold Inc. (Canada) Report



(MTW) - Get Manitowoc Company Inc. (The) Report


Hudson City Bancorp



Skechers USA

(SKX) - Get Skechers U.S.A. Inc. Report


Cramer was bearish on

Sara Lee

( SLE),

Dentsply International




(GRMN) - Get Garmin Ltd. (Switzerland) Report


Goldman Sachs

(GS) - Get Goldman Sachs Group Inc. (The) Report


Switch & Data

( SDXC)and

New York Community Bancorp

( NYB).

Want more Cramer? Check out Jim's rules and commandments for investing by

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For more of Cramer's insights during the Lightning Round, click here


At the time of publication, Cramer was long Unitedhealth Group, Goldman Sachs, XTO Energy and Inverness Medical .

Jim Cramer, host of the CNBC television program "Mad Money," is a Markets Commentator for, Inc., and CNBC, and a director and co-founder of All opinions expressed by Mr. Cramer on "Mad Money" are his own and do not reflect the opinions of or its affiliates, or CNBC, NBC UNIVERSAL or their parent company or affiliates. Mr. Cramer's opinions are based upon information he considers to be reliable, but neither, nor CNBC, nor either of their affiliates and/or subsidiaries warrant its completeness or accuracy, and it should not be relied upon as such. Mr. Cramer's statements are based on his opinions at the time statements are made, and are subject to change without notice. No part of Mr. Cramer's compensation from CNBC or is related to the specific opinions expressed by him on "Mad Money."

None of the information contained in "Mad Money" constitutes a recommendation by Mr. Cramer, or CNBC that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. You must make your own independent decisions regarding any security, portfolio of securities, transaction, or investment strategy mentioned on the program. Mr. Cramer's past results are not necessarily indicative of future performance. Neither Mr. Cramer, nor, nor CNBC guarantees any specific outcome or profit, and you should be aware of the real risk of loss in following any strategy or investments discussed on the program. The strategy or investments discussed may fluctuate in price or value and you may get back less than you invested. Before acting on any information contained in the program, you should consider whether it is suitable for your particular circumstances and strongly consider seeking advice from your own financial or investment adviser.

Some of the stocks mentioned by Mr. Cramer on "Mad Money" are held in Mr. Cramer's Action Alerts PLUS Portfolio. When that is the case, appropriate disclosure is made on the program and in the "Mad Money" recap available on The Action Alerts PLUS Portfolio contains all of Mr. Cramer's personal investments in publicly-traded equity securities only, and does not include any mutual fund holdings or other institutionally managed assets, private equity investments, or his holdings in, Inc. Since March 2005, the Action Alerts PLUS Portfolio has been held by a Trust, the realized profits from which have been pledged to charity. Mr. Cramer retains full investment discretion with respect to all securities contained in the Trust. Mr. Cramer is subject to certain trading restrictions, and must hold all securities in the Action Alerts PLUS Portfolio for at least one month, and is not permitted to buy or sell any security he has spoken about on television or on his radio program for five days following the broadcast.